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Medical & Health News

Medical News

Net medical expenses tax offset

20 Jul

An individual earning less than $84,000 can claim a 20% tax offset for every dollar over $2,120 that they are out-of-pocket for medical expenses each financial year. The offset reduces for higher income earners. Expenses relating to an operation or illness which are paid to doctors, nurses, pharmacies, public and private hospitals can be claimed. […]

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